The part of a commercial bank's reserves that are larger than desired are called
A)excess reserves.
B)additional reserves.
C)unnecessary reserves.
D)required reserves.
E)nonrequired reserves.

Name: The part of a commercial bank's reserves that are larger than desired are called A)excess reserves. B)additional reserves. C)unnecessary reserves. D)required reserves. E)nonrequired reserves.
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Question

Quizplus · Accepted Answer

Excess reserves are the reserves held by a bank that exceed the required minimum set by the central bank.

The Part of a Commercial Bank's Reserves That Are Larger